The Citywire A-rated manager joined HSBC in 2012, having previously worked at EMSO Partners, Morley Fund Management, now Aviva Investors, and Morgan Grenfell Asset Management, now Deutsche Asset Management. In all these roles he specialized in emerging market equities.
Following Turner’s exit, the HSBC Frontier Markets fund will be run by existing lead manager Ramzi Sidani alongside Talib Saifee.
There will be no change to the fund’s investment process and the managers will be supported by a team of 12 investment professionals and 50 experts in regional offices, according to a spokesman for HSBC.
Sidani has been lead manager on the fund since joining HSBC in June 2016 from SHUAA Asset Management in Dubai, replacing Andrew Brudenell who departed HSBC for emerging market specialists Ashmore.
Citywire AA-rated Brudenell now runs the Ashmore Emerging Markets Frontier Equity fund.